ember

Rather than taking (wo or three passes at a
logging truck to unload it's cargo of northern:
gold, Pohle Lumber's new Le Turneau Lag
Stasher does the job in one fell swoop. The log
stasher, which has been in operation since
February, has proved very efficient and has cut

Terrace Co-op Tops

Operations

machine cost,
stantial.

down unloading time considerably.

manager Bob Davis,

reluctant to quote a firm figure for what the-

said the cash oullay was sub

$5 Million in Sales

“The Terrace Co-op Board of
Directors: reported lo the
membership ‘last night al a
business meeting held. at 8:00
pm. al-the. Terrace Arena -
Banquet Room following a
_dinner,at 6:30 p.m. The theme
of the ‘annual report was "1978
was a very good year.”
Hereunder is the report:-

Last year we had the pleasure
of reporting a goad year for the
Terrace Co-op. This year we
had an,even betler year as far
as gross sales and surplus lo be
. Feturned to the membership is
‘concerned,

Gross sales topped the |$5
Million Dollar mark and’ gave
us a net saving of $177,744.00-ani
increase of $76, 719. 00 over: last
“year:

Unlortunately il: seems that
with every pitce of Bnod news
‘there is always some bad news,
Although. wes have added a

“record 696 ew members to.our.

“membership ‘this year. the
support af (hese nicer nilers: is -a
disappointing 60 per cenit... We
say disappehting breause if we:
-enuld) pet, full membership.
support ur sur plus for return to
the membership: svauld be
substa reer, and it
Seoul to - show -

line” com-:
the. mem-

lal oof, théir, *
MuNiCaLing
bership in

a major -
ring the:
pend. Thi

present i
Isanare
you, the ;
valued 3 ee te the Board
and to your Association. Bring’

lo the allention of non-members: -

“hat this year aad lastyeai they:
lagi 4 cents on every dollar, they
spem oat ihe ‘Terrace’, Co-ap,

because they are not members

and vou, the member, lost, 4,

7 growth. ‘anticipated makes” il
essential for long term planning -
“aur.
“membership. . Our. ‘Board:- of

cents on every dollar you spent |

outside of your Co-op.
Members withdrawls during
ihe year were. 181, 168 moved
from the Trading Area 7 Old
Age Pensioners withdrew their
equity bul remain members and
6 members are deceased...
The Board through its Public

Relations Commiltee, under the

capable guidance - of _ its

chairman, Bill Keenleyside,
time ..com-.
municating with the -mem-

spent. a- lot of

bership, through the “Totem”
and by holding informal dinner

meetings which have proven.
very helpful to the Board and .

management in the operatian of
our store, © Those meetings

’ should make our annual general

meeling more fruitful by
eliminating the need to air

minor complaints , and - thus”
enabling us to host speakers and |

deal with (the more. major
concerns, atid last but not least,
to allow -us lo enjoy a well
earned social evening:
The. Board . through :

planning immediate and future

cimiproverents” arid expansion -
-needs lo meet the growlh of the —
Ter race Trading area. ‘For the : n

ampetitvely: attractive. ‘T

10 - adequately © serve.

‘Directors and Management, is‘

“working hardin this respect and ;
“when plans have been put inl

nistion it will be reported to the

- membership through the Toten:

and al future membership in-
formation meetings.

The. Operations - Committee
-has found it difficult to meel
regularly becausé. of

‘For the same-reason we have.
lost “the- services af. “thle. very:

its:
Finance Committee, has spent .-
“many hours wilh management,”

the
demands af (heir regular jobs:

valued chairman, Mrs. Marie
Piffer, who found il necessary
{o resign.

Our General Manager, Corbin
King, -has altended many
meelings outside the Terrace.
area in the

operalives. _ Director
nleyside attended meetings al

Saskatoon and Salmon Arm on
~ behalf of the Board.

We continue to take an active
part in community affairs by
the participation ‘of board
members and. management’ in-
many local functions... By
continuing with: our support: to
many worthwile organizations

such as‘ sports’ club, scouts,”
- guides fo mention a few, and the -

‘awarding’ of $250.00. scholar-
ships io. a. student
Terrace and Kilimal.

The benelit of our associatian ~

“with F.C.L. is very apparent.

We purchased goods: from
F.C.L.-in the. amount of
$2,871,703.00 and have received

a refund of 583,408.00 for our -

patronage - > half of this.in actual
cash.

We . have continued “with
Member only sales» and this:
_ year’returned aver $12,600.00 to

nrempers , as ‘immediate cash.

W a
advaiilige of UT Jower.
“prices ha - received -ap-

hol lakes into.account the extra
- discount: we. allow -on-‘prepaid

Sour .fuek-oils .- “firnace’ and
diesel; have also saved ‘on their
duel bills, as-our, pelroleum
product
" patronage. refund. : .

Last year was the: beginning
of a ‘long term program for the
_ equalization of. member . in-
“vestment in dur association

interest: of our.
organization, and that of ali Co- .
Ken--

in’ both:

sales also pay a.

- 10 return lo the members . a

THE | HERALD, TERRACE,

A shortage of chip cars in that area has left
Can Cel’s Pohle Lumber Operation with a small
mauntain of weod chips ready and wailing to be

_ transporled to Prince Rupert pulp miils.
shortage, according {o the Pohle operations

delays in unloading due to break-downs. Mr.

The have arrived over the past few days and as the

days go by the mountain of chips should go down.

manager Bob Davis, is due to any number of -

refund directly proportinate ta
their investment in our
organization.

This year the ‘board. and

‘Inanagement have agreed tothe .
‘following refunds, : A

patronage refund of 4 per cent

- will be distributed as follows: -
Members with share capital -

investment under $300.00 will
receive a cash refund of. 1 per

cenl and 3.per cent in shares,”

Members having “a share

_ capilal investment over $300.00,

but not more than 8600.00 will

-raccive 2 per cent in cash and 2

per cont in shares.

Surpluses’ for ihe year which
remain unatlecated: shall be
(raisferred to the General
Reserve Account on or before
January 3, 1975, :

To close, this report with
anything but a note of optimism

“would be a negative approach to

the future. This-we can nol-have

office this: coming. year . will
strive (o instill, our. new direc-

* Respectfully submitted.
Board of Directors.:

‘gas colipons. Members who'use =~

within our struciure, The board .
members who will remain in.

res

Egyptian priesta had an eye-catching custom of applying
eye makeup to the statues of their gods,

COULTER ELECTRIC LTD.
Residential-Commercial- Industrial
Electrical Contractor

APPLIANCES. BY:-
Canadian General Electric
Norge Braun Sharp Woods

reasons, svine of whieh are delays in transit and -

Davis told the Herald, however, thal more cars .

The continuing saga of School
District No. 88 © (Skeena-
Cassiar). and the soon. to be
developed Nishga School
District ta the North of here
continued at last. Tuesday’s
‘night's meeting of the School

Board “received
assurances from the Depart-
ment of Edueation. through
Secretary-treasurer Ted Wells
that the new District will in no

and that this District would not
be responsible to take grade
eleven and twelve students
from that District into the local
school system, Apparently the
Nishga’s will be negotiating.
with this District and others as

for grade eleven and twelve
training.

Dr.
stating that the Board doesn’t
want ta say thal they don’t want
students from ihe Nishga

educational standards in- the
new District will be low, Lee

way be affiliated with No. 88 .

to where their students will go, -

Lee: objected to this, .

District but that they are afraid

WEDNESDAY, APRIL 24, 1974

: District to. learn
details

added that the addition of Grade-
eleven and twelve to the Nishga
District would be even a greater
disaster (han the formation of
the district.

Wells replied: that.a Depatt-
ment of Education official who .
had briefly visited Terrace had.
told him thal a superintendant -
from the Department. of
Education in Victoria would be
making periodic checks in:the
Nishga region once thal: the
District is established to keep
aneyeon such things © . BS the
quality of education..--

Wells then revealed that the
Department of Education is
prepared to discuss the: Nishga
School District .-and-: its
ramifications with the Skeena-
Cassiar School Board. Such a
meeting would be closed to the
press. and public: and: would
‘according to Mr.’ Wells, include
such details as boundaries. for
the new School District. -

That meeting is expected to
be held before. the end. of sthis
month. «4

sign of an orderly mind.

— - a mee 7m
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—————— ii

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